Moove, marketed as an “African-born, global mobility fintech,” has announced an acquisition. The company, founded in Nigeria by Ladi Delano and Jide Odunsi, enables delivery drivers to finance vehicles and start driving with partners like Uber in three simple steps: apply, get verified, and drive. TechCrunch notes that Moove launched with 76 cars in Lagos in 2020 and has expanded to 36,000 cars. Per the company’s website, over 52,787,109 trips have been completed. Additionally, it is available in 19 cities across six continents. Over the years, Moove has secured significant funding. In 2023, $8 million had been by Absa Corporate and Investment Banking to reach Ghana, bringing its total investment from the bank to $28 million, Fintech Global reports. In March 2024, $100 million had been raised in a Series B round led by Uber to further its expansion, TechCrunch mentioned. The company has also attached a sustainability mission to its business model, seeking to create “the largest and...
A third-generation Black family-owned plumbing business in Atlanta, GA, is making a difference by renovating outdated water heating facilities at a local homeless shelter. Head’s Plumbing, which has been in operation for over 40 years, is giving back to the community by providing Nicholas House residents with on-demand hot water, according to the Marietta Daily Journal. The family-owned business researched local organizations in Fulton County and saw the shelter as a way to broaden its support by assisting many families in need at once. “We were presented with an opportunity to do this through our vendor partner ServiceTitan,” Head’s Plumbing CEO Khadija Head told MDJ. “So I sat down with my brother Odari and told him that I didn’t want to do a single-family home — I wanted to do something that would touch a lot of people. The core of our culture, our community, and our future is a true family dynamic.” The three-story facility will have a separate tankless water heater installed on...
GloRilla once admitted that she plans to become a billionaire and continues to progress towards this milestone. The Memphis-born rapper has remained the talk of the town, lighting up the charts through hit singles that include “TGIF” and “WHATCHU KNO ABOUT ME” and what started it all, “F.N.F.” released in 2022. “It mean a lot to be able to be a a voice for my city,” she said during an interview with AFROTECH™. Before the artist’s journey kicked into gear, she worked overtime to make her dreams a reality. Working at jobs such as Nike and FedEx with little to no energy, she remained optimistic the grind would pay off, and it has. “I was doing 12 hours at Nike and maybe seven to eight hours at FedEx. And I was just doing all that to sponsor my rapid career so I could be able to pay for videos and studio time,” she explained. In 2022, GloRilla signed to Yo Gotti’s label Collective Music Group. He has remained a constant supporter in her journey as an artist and in business. As AFROTECH™...
24-year-old Naomi Girma has landed a historic deal! The young soccer star was drafted to the NSWL league back in 2022 as a first-round draft pick selected by the San Diego Wave, notes NBC News. Widely regarded as one of the top defenders in the U.S., she has earned 44 national team appearances and a Paris Olympics gold — now, she’s taking her talents to Chelsea in England. “San Diego Wave has been such an important part of my journey,” said Girma, according to Forbes. “I’ll forever be thankful for the opportunities I’ve had to grow here and for the incredible relationships I’ve built with my teammates, the sporting staff, and our amazing fans. I’m especially grateful to ownership and Cami for supporting my dream of playing in Europe. San Diego will always hold a special place in my heart, and I wish nothing but the best for the team moving forward.” View this post on Instagram A post shared by Naomi Girma (@naomi_girma) Reflecting on her transition, Girma commented, “I mean, this...
Snoop Dogg is rapidly losing social media followers after his appearance at President Donald Trump’s Crypto Ball. As of Wednesday, Jan. 29, 2025, the “Gin and Juice” rapper — Calvin Cordozar Broadus Jr. — has 88.1 million Instagram followers, a drop of 571,800, and 20.7 million on X, down 17,177, according to the New York Post. Snoop Dogg’s performance at the pre-inauguration bash on Jan. 17, 2025, drew significant backlash from people who pointed out his previous anti-Trump position and speculated that financial incentives may have motivated him to take part. “For all the hate, I’m going to answer with love. I love too much,” Snoop Dogg said, addressing the criticism on Instagram Live. “Get your life right, stop worrying about mine. I’m cool. I’m together. Still a black man. Still 100% black. All out till you ball out or till you fall out.” View this post on Instagram A post shared by snoopdogg (@snoopdogg) Per another report by the Post, in September 2018, Snoop Dogg...
U.S. District Judge Linda Taylor has halted the Trump administration’s proposal to freeze federal loans and grants. In a ruling delivered on Tuesday, January 28, Judge Taylor condemned the policy as “arbitrary and capricious,” pointing to language from the administration’s memo that failed to sufficiently justify the freeze or address its potential impact on millions of Americans. This decision is a significant development in a case closely watched by students, homeowners, and small business owners nationwide. According to the Associated Press, the White House memo, dated earlier this month, proposed suspending federal loan and grant disbursements to “mitigate fiscal risk” and “streamline budgetary concerns.” Judge Taylor, however, pointed to specific language in the memo that acknowledged the policy would lead to “temporary disruptions” in funding for programs supporting vulnerable populations. In her decision, she highlighted that the administration’s justification failed to...
Life is full of highs and lows, and the tech industry is no exception. One day, you’re riding the wave of record-breaking stock gains; the next, you’re watching billions evaporate as markets correct themselves. For NVIDIA CEO Jensen Huang, that reality hit hard in January 2025, as his net worth dropped by a staggering 20%. According to Business Insider, it went down from $121 billion to $100 billion, primarily driven by a downturn in NVIDIA’s stock amid broader market shifts. For Huang, whose wealth is heavily tied to the U.S. company he co-founded, this decline is a stark reminder of the volatile nature of the technology sector. But it’s not just about one man’s fortune — it’s a snapshot of the challenges facing tech giants as they navigate investor skepticism, geopolitical tensions, and the ever-changing landscape of artificial intelligence. NVIDIA’s Stock Struggles In A Shifting Market NVIDIA has become synonymous with the AI boom, providing the advanced hardware that powers...
Lauren Harwell Godfrey, jewelry designer, entrepreneur, and founder of Harwell Godfrey, turned a hobby into a success story. Godfrey’s journey dates back to a career path where she sported several hats. She spent 15 years in the advertising space as a creative director and art director, collaborating with clients such as Adidas, Levi’s , and Ray-Ban. While speaking on the “Black Tech Green Money” podcast, she stated that this period in her career taught her how to communicate her visual ideas effectively. “I think that’s really served me well in the jewelry world because, again, I’m coming up with these designs. I’m not the actual bench jeweler who makes them,” she said on the podcast with host Will Lucas. Godfrey chose to walk away from the advertising space to nurture her spirit of creativity elsewhere. This led her to attend the San Francisco Cooking School and spend a year staging at Bar Tartine under Cortney Burns and Nick Balla, according to an interview with entrepreneur and...
Diversity, equity, and inclusion (DEI) is like the studio album, “The Miseducation of Lauryn Hill” — critically acclaimed by some, misunderstood by others, and a constant source of debate. Whether celebrated or criticized, DEI has become one of the most polarizing issues in corporate America. And let’s be honest: When companies start scaling back on DEI, it’s not just a boardroom shuffle — it’s a move that disproportionately impacts the Black community. This polarizing environment extends beyond corporate America. According to the Associated Press, President Donald Trump made waves with executive orders aimed at dismantling DEI programs within the federal government. Among these was the rescission of Executive Order 11246, which mandated affirmative action for federal contractors, a policy originally designed to level the playing field for underrepresented groups, as well as nondiscrimination. In addition, DEI offices were defunded, DEI employees were laid off, diversity training...
Founder Marc Washington is the driving force behind a gut health nutrition brand that has raised millions. Washington has an extensive history as a leader in the consumer wellness space. According to his LinkedIn profile, he worked at The Wonderful Co. as director of strategy for FIJI Water from 2005 to 2007. After a six-year tenure at Teleflora, he returned to The Wonderful Co. as its chief financial officer. His resume also includes roles as president and COO at Beachbody and CEO at Irwin Naturals. Today, he is fully focused on leading and prioritizing his own wellness company, Supergut with the venture inspired his late sister. “I was inspired to start the company in honor of my late sister, Monica. She struggled with metabolic health issues throughout her adult life before she tragically passed away far too young due to complications during a high-risk pregnancy. Her passing shook me to my core, especially as someone who spent his entire career helping people live healthier...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. President Donald Trum p, who was once a cryptocurrency skeptic, has now yielded to many of the industry’s demands, such as easing federal regulations and oversight. From appointing cryptocurrency advocate and former Securities and Exchange Commissioner Paul Atkins to reprise his old role, to launching his own meme coin, Trump has chosen to embrace cryptocurrency . A few years ago, cryptocurrency was touted as the new form of currency. We wouldn’t be using archaic financial currency and stick to this revolutionized way of transactions. Although some people have made a lot of money off of crypto, its intended use as a decentralized banking system hasn’t been realized. Cryptocurrency is still very new, so new that engaging in it feels comparable to gambling. Trump lifting regulations to give cryptocurrency his blessing bodes well for the industry. A day after announcing Paul Atkins as his pick, the...
LeBron James’ portfolio now includes a new sports team. Forbes notes the Los Angeles Lakers star is taking his dollars to the seas as an investor in the UIM E1 Series, an all-electric and sustainable raceboat competition that kicked off in 2024. Its launch is supported through Motorsports E360, a partnership between the Public Investment Fund (PIF) and Formula E, Extreme E, and E1. James is now the owner of the platform’s latest arrival, Team AlUla Championed by LeBron James, with Rusty Wyatt and Catie Munnings signing on to pilot the powerboat. What’s more, James joins other E1 Series team owners such as Will Smith (Westbrook Racing) and Tom Brady (Team Brady), which was victorious in the 2024 E1 Series championship. “For me, I’m a huge fan of sports and I’ve always loved competing,” James told Forbes. “There’s nothing like seeing athletes compete at the highest level of their sport. Now with E1, we’re seeing a whole new type of competition on the water where everything is...
Rap duo Krept and Konan are giving back to their community by opening a supermarket. BBC reports the pair will open a 15,000 sq ft. supermarket in Croydon, a diverse area that includes Black and Asian populations, with the help of their business partner, Kaysor Ali. “It’s an honor for us to partner up on this venture,” Krept and Konan said in a statement, per All HipHop. “We are all about representation in the community and finding solutions; we are all from underrepresented communities, so this is a perfect partnership. Saveways is game-changing for our community, and we are excited to bring this vision to life.” Krept reflected on his personal connection to supermarkets, drawing on memories of his upbringing and the frequent need to visit multiple locations to shop for groceries — a reality that remains all too familiar for many in the South London town of Croydon. “Having the experience of going shopping and having to go to multiple places, have to go here for my meat, here for...
Entrepreneur Brian Roberts has found a way to elevate his mission to amplify Black-owned businesses. He has been the proud owner of The Black Pantry since 2020 and is now set to open Good Karma Coffee in February 2024, Startland News reports. The shared space will have the two business operating side by side in a new location, which he describes as an “elevated Black coffee space.” Located at 3134 Gillham Rd. in Kansas City, MO, doors are open on an invitation basis until full launch. “Every Saturday we’ve been doing things like inviting different groups, playing with our menu, and getting the team some experience,” Roberts told the outlet. “I’d say I’ve attracted some of the best baristas in the city.” Customers visiting Good Karma Coffee can look forward to trying out locally sourced products, including signature roasts from Marcell Coffee, while also learning about the origins of their coffee. “If you want to have a pour-over in front of you, the barista can do it while...
Allen Media Group has decided not to proceed with its initial plan to terminate or reassign nearly 100 local meteorologists following significant public outrage. As AFROTECH™ previously reported, the media company owned by Byron Allen planned to eliminate meteorologists at over 36 local television stations and replace them with pre-recorded forecasts from a hub of The Weather Channel, which was acquired for $300 million in 2018. However, on Friday, Jan. 24, 2025, NewsCast Studio reported that the media company reversed the decision aimed at streamlining operations and reducing costs. “While not all staff and meteorologists are safe, a majority will remain in their roles. Earlier today, employees were informed of their termination dates, but this afternoon they were told, ‘Allen will no longer hub the weather from Atlanta, and your job is still there,'” meteorologist Emily Pike of WMTW in Westbrook, ME, wrote on Facebook. WAAY in Huntsville, AL, and WTVA in Tupelo, MS, are two...